Cost of Living in Mineral County, West Virginia

$684/mo
Median Monthly Rent
$180,400
Median Home Value
10% below state averageUnaffordable

At a Glance

Median Monthly Rent
$684/mo
10% below state average
Median Home Value
$180,400
36% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Mineral County Compares

Median monthly rent comparison

Mineral County$684/mo
West Virginia Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$684/mo
Median Gross Rent
$180,400
Median Home Value
$598/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Mineral County, West Virginia

Mineral County offers national-level affordability

Mineral County's rent-to-income ratio of 12.1% ranks among the nation's most affordable, beating the national average of 16.9% by nearly 450 basis points. With a strong median household income of $68,049 and modest rent of $684/month, Mineral County delivers exceptional housing value relative to local earning power.

West Virginia's affordability leader

Mineral County ranks first among West Virginia counties for housing affordability, with a 12.1% rent-to-income ratio that substantially outpaces the state average of 16.9%. The county's combination of above-average income and below-average rents creates a rare economic sweet spot.

Strong income lifts affordability advantage

Mineral County's $684/month rent matches nearby McDowell, but its $68,049 median income towers above McDowell's $29,980—making the same rent vastly more affordable. Even compared to Marshall County ($60,329 income), Mineral's higher earnings and lower rents create a clear affordability gap in its favor.

Rental and ownership both excel

Renters allocate $684/month (12.1% of income) while homeowners spend $598/month (10.5%)—both exceptionally low percentages. The median home value of $180,400 reflects Mineral County's stronger local economy and property values relative to most West Virginia peers.

Best all-around housing value in state

Mineral County combines strong income, low rents, and top-tier affordability metrics—making it West Virginia's premier destination for housing-conscious relocators. If you're seeking to escape high-cost regions while maintaining earning power, Mineral County delivers the state's most complete package.

Affordability Calculator

See how your income compares to housing costs in Mineral County

$

Rent Burden

12.1%

of gross income

Max Housing (28% Rule)

$1,588

per month

Owner Cost Burden

10.5%

of gross income

You can likely afford the median home in Mineral County

Median home value is $180,400. Estimated monthly cost: $1,440 vs. your max of $1,588.

Rent Affordability Guide

Your rent-to-income ratio12.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Mineral County, West Virginia?
Mineral County, West Virginia has a median monthly rent of $684/mo and a median home value of $180,400. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Mineral County?
The median gross rent in Mineral County is $684/mo. This is 10% below state average for West Virginia.
Is Mineral County affordable?
Mineral County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Mineral County's rent compare to the state average?
Mineral County's median rent of $684/mo is 10% below state average of $760/mo for West Virginia.
What is the median home value in Mineral County?
The median home value in Mineral County, West Virginia is $180,400. This is 36% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.